Trump drops tough tariffs on China over ‘slow’ trade deal

06/05/2019|1min

China is set to be slugged with tougher tariffs on Friday after US President Donald Trump said he will raise the levy because of a ‘slow’ trade deal.
President Trump tweeted on Monday that tariffs of 10 per cent would rise to 25 per cent.
He adds that $US325 billion ‘of additional goods sent to us by China remain untaxed, but will be shortly’.